Transcript: Defence stocks drop despite US-Iran war
Marc Filippino talks to Lucy Fisher and Christian Davies
Transcript: Ukraine’s ‘existential’ battle with Russia
Gideon Rachman talks to Dmytro Kuleba, Ukraine’s foreign minister from 2020 to 2024
Private equity’s tempest in a teapot
CVC and KKR are facing the prospect of extended ownership of food businesses they acquired from Unilever
Bank of England in stand-off with FCA over trading firms’ capital
Rare dispute emerges after watchdog proposes to boost liquidity for groups such as Jane Street and Citadel Securities
Russia loses its way in the Sahara
Losses to Malian militants by Wagner Group’s successor call into question future of Moscow’s military adventurism in Africa
Prices in Iran climb as war rattles economy
Inflation has hit 50% during conflict while many expect Strait of Hormuz stand-off to exacerbate stagnation
Rooster — Steve Carell gets up to mischief in new show from Ted Lasso creator
The star plays an oblivious dad baffled by the modern age in this tender college campus series on Sky/HBO
UK’s Wycombe Abbey school forced to close China campus
Shutdown marks setback for international education groups looking to expand in China
UAExit adds momentum to the Opec doom loop
The Emirates’ departure reflects the cartel’s declining market share and the ongoing energy transition
UAE withdrawal from Opec reopens rift with Saudi Arabia
After putting on a united front during the Iran war, the Gulf’s most consequential rivalry has burst into the open again
KKR explores $10bn sale of ex-Unilever spreads business
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based
Luxury yachtmaker’s CEO hits out at biggest shareholder’s ‘lack of vision’
Ferretti boss Alberto Galassi criticises Chinese investor Weichai as proxy battle intensifies at maker of Riva boats
Does trade cause peace? Ask an economist
Researchers have been trawling history to measure the pacifying effects of moving goods around
AI companies are just companies
As we leap into a new technological age, the old rules of capitalism still apply
Prophecy — why predictions are all about power
Oxford philosopher Carissa Véliz’s ingenious, scathing survey of forecasting takes a well-timed swipe at today’s obsession with predictive algorithms
A deep dive into Asturian cider
In the northern Spanish principality, new cider routes take visitors to orchards, producers and a host of classic ‘sidrerías’
The hunt for the most valuable Hermès scarf
The silk square has thousands of iterations. But which are the ‘grails’?
Starmergeddon: what Labour’s likely meltdown means for the UK
The ruling party is being outflanked by populists on the left and right. The consequences could change British politics for good
Jet fuel crisis lays bare faultlines in US airline industry
Delta and United cement dominance as low-cost carriers rue post-pandemic splurge on aircraft
Île de Bendor – a millionaire’s getaway turns five-star resort
Paul Ricard’s paternalist utopia has been reborn as a luxury retreat. Can it still honour his ideals?
Wear in the World: the tote bag carried by cool Paris mums
The bandanna print bag adds a playful touch to the restrained French look
Can performance art still shock?
A century after its invention, the form seems to have lost its nerve — but in Venice, two bold artists are preparing to test audiences’ limits
Half of ‘long shot’ Polymarket bets on military action are successful
High rate of winning wagers likely to add to concerns that sensitive information can leak on prediction markets
How Revolut became a verb — if not yet a lender
Boss Nik Storonsky is hoping that a US banking licence and an IPO will sustain fintech’s breakneck growth